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DEPARTMENT PROFILE

McCarthy Tétrault LLP

Restructuring/Insolvency

4 ranked lawyersBand 2Nationwide - CanadaCanada 2022 View ranking table
chambers review
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Ranked Lawyers
chambers review
department information
Ranked Lawyers

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

McCarthy Tétrault has a strong national restructuring and insolvency team with a significant creditor-side practice. It regularly advises restructuring officers and monitors, as well as undertaking large debtor mandates. McCarthy offers notable cross-border capabilities and experience relating to pensions and investment funds, and stands out for its recent involvement in energy sector insolvency matters, in addition to acting on mandates in the manufacturing and automotive industries. The firm's clients benefit from its multidisciplinary offering and expertise in litigation, tax and corporate law, while its national breadth allows it to provide local support across Canada.

Strengths

"They are all very thorough and have strong tactical skills," one market source reported.

Another interviewee said: "McCarthy provides high-level, full-service advice ranging from real estate and financing, to complex litigation, to insolvency and restructuring."

Work highlights

A restructuring and insolvency team led by James Gage advised Rothmans, Bensons & Hedges on its CCAA proceedings.

Notable practitioners

Alain Tardif has an array of experience acting for monitors and creditors in CCAA proceedings. He is based in Montréal, where he is often cited as a standout lawyer.
"He's very innovative, very practical, very strategic and aggressive on behalf of his clients."

Heather Meredith is based in Toronto, where she is regularly involved in major restructuring and insolvency matters. She has notable experience acting for the agents of lending syndicates.
"She is an excellent communicator. She's very conscientious, very pragmatic and effective at looking at resolving conflict."

James Gage advises monitors and trustees in addition to companies undertaking restructuring proceedings. He heads up the bankruptcy and restructuring practice at McCarthy and is based in Toronto.
"He's a very strong insolvency and restructuring practitioner who thinks through complicated issues and comes up with well-structured solutions." "He has a calming demeanour and is a very good strategic thinker."

Sean Collins acts for monitors and receivers, as well as other stakeholders in major restructurings. He splits his time between Calgary and Vancouver.
"He's a results-oriented lawyer and someone who I think is fantastic; I highly recommend him."

Department Information

This content is provided by McCarthy Tétrault LLP.

Overview

We have one of the largest bankruptcy & restructuring groups in Canada, with extensive experience in all areas of the practice. We regularly represent debtors as well as major financial institutions and other capital providers, large corporate creditors and court-appointed monitors, receivers and trustees.

Clients look to us because of our:

Breadth – Our team is experienced in complex insolvency matters and sensitive restructurings. We integrate our multijurisdictional scope and expertise with the firm’s national strength across a broad spectrum of other key practice areas such as banking, litigation, tax, securities, labour and employment, and pensions.

Cross-border experience – We understand the bankruptcy/insolvency environment on both sides of the Canada-US border, and we regularly act on major international matters with U.S., European and other co-counsel.

Track record – Our significant role in most major Canadian and cross-border restructurings, insolvencies and work-outs for more than 20 years has earned us a superlative track record in all areas of this field nationwide.

Leadership – Leading legal directories and publications routinely acknowledge us as pre-eminent insolvency and restructuring professionals.

Service – We pride ourselves on responding quickly to our clients’ needs in a proactive and practical manner. We apply a creative, business-oriented approach to achieve their objectives, both in the boardroom and in the courtroom.

Restructuring/Insolvency

McCarthy Tétrault LLP

firm
Location

Suite 5300, TD Bank Tower

Toronto Dominion Centre

Toronto

Ontario

Canada

M5K 1E6

View Firm Profile

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

Nationwide - Canada

Restructuring/Insolvency


Alain Tardif
Band 5
Heather Meredith
Band 5
James D Gage
Band 2
Sean F Collins
Band 3